Upper West Side Office Space

Upper West Side

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$186
Median Size (sqft)
200
As of: May 20, 2017

Upper West Side Rates

Most listings are in the $180's per square foot per year. The Upper West Side submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $40 per sqft per year. That's a 27% rise in rent.

Compared to the rest of the New York City market, the Upper West Side region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Upper West Side Listing Supply

In the last 90 days, 38 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 200 sqft. Most buildings in this market are close to 6 floors. Most buildings in this area were built in 1920 and are Class A.

Upper West Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the occupants of Upper West Side work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Upper West Side.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Upper West Side.
Research